ECO 435 - Regulation of Public Utilities Industry Studies Seminar is the second of three courses in the Electricity, Natural Gas and Telecommunications Sequence for the M.S. program in Applied Economics. The student will use the theoretical and analytical tools from other courses to make sound economic judgements regarding public policy and managerial decision making. The course covers the theoretical literature of the regulation of natural monopoly and selected empirical applications of the theoretical models and techniques.  The course will cover peak load pricing, two part tariffs, locational marginal pricing and Ramset pricing. Students will also learn the actual institutions and methods of public utility regulation with a special emphasis on the recent regulatory and structural changes in the electricity, natural gas and telecommunications industries

The course is taught by Dr. David Loomis, Associate Professor of Economics at Illinois State University. Before coming to Illinois State in 1996, Dr. Loomis worked as a research economist at Bell Atlantic Corporation (now Verizon).

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Copyright © 2002-2009 David G. Loomis

URL: http://www.econ.ilstu.edu/Econ_Web_Pages/David_Loomis/435web/435home.htm

Revised January 2, 2009